% of shares outstanding is not shown for DIVL: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile withheld — no market cap for DIVL in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | Madison Asset Management, LLC | 2,147,4592.1M | $52M | — | TRIM -8% |
| 2 | GTS SECURITIES LLC | 16,34016,340 | $399,072 | — | ADD 33% |
| 3 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 11,27211,272 | $275,293 | — | TRIM -19% |
| 4 | UBS Group AG | 248248 | $6,057 | — | — |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| Madison Asset Management, LLC | 2.5M | 2.5M | 2.5M | 2.4M | 2.3M | 2.1M | $52M |
| GTS SECURITIES LLC | 34K | 68K | 24K | 36K | 12K | 16K | $399,072 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | — | — | — | — | 14K | 11K | $275,293 |
| UBS Group AG | — | 272 | 273 | — | 249 | 248 | $6,057 |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 4 | 2,175,319 | — | $53M |
| 2025-Q4 | 5 | 2,379,926 | — | $55M |
| 2025-Q3 | 3 | 2,428,429 | — | $57M |
| 2025-Q2 | 4 | 2,543,754 | — | $56M |
| 2025-Q1 | 5 | 2,579,942 | — | $57M |
| 2024-Q4 | 3 | 5,073,672 | — | $108M |
| 2024-Q3 | 3 | 2,593,812 | — | $56M |
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| GTS SECURITIES LLC | +4,070 | $99,402 | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Madison Asset Management, LLC | −181,433 | $4M | TRIM |
| CITADEL ADVISORS LLC | −24,542 | $599,389 | CLOSE |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | −2,701 | $65,967 | TRIM |
| UBS Group AG | −1 | $24 | — |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| 2024-Q2 | 3 | 2,707,621 | — | $54M |
| 2024-Q1 | 3 | 3,135,458 | — | $66M |
| 2023-Q4 | 2 | 3,368,937 | — | $67M |
| 2023-Q3 | 1 | 3,273,140 | — | $62M |
